Saturday, March 7, 2026
OPEC extends oil output cut till March 2018
OPEC on Thursday decided to extend cuts in oil output by nine months to March 2018, an OPEC delegate said,...
Read moreDetailsNigerian current GDP very encouraging, says budget minister
Nigeria is moving out of recession, its budget minister said on Wednesday. "We discussed at length the GDP results just...
Read moreDetailsNigeria could hit 2.2 million bpd oil output by end of June – Oando
The worst disruptions in Nigeria's oil-producing Delta region are over, and production could reach 2.2 million barrels per day (bpd)...
Read moreDetailsNigeria MPC maintains analysts call, keeps rates on hold
In tandem with analysts’ expectations, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) on Tuesday left the...
Read moreDetailsNigeria economy slump continues as GDP contracts 0.5% in first quarter
Nigeria’s economy continued its slump and contracted for a fifth consecutive quarter in the three months through March as oil...
Read moreDetailsEuropean stocks gain on economic data, as pound slips after Manchester suicide attack
European stocks advanced as economic data from Germany and France signaled that the region’s recovery is on track. U.K. equities...
Read moreDetailsAccess Bank, FBNQuest analysts see Nigeria MPC retaining key rates
Analysts at Nigeria’s Access Bank and FBNQuest are betting that the country’s key monetary policy rates would be retained at...
Read moreDetailsAfDB projects moderate economic recovery for Nigeria
The African Development Bank (AfDB) has projected a moderate economic recovery for Nigeria, saying growth would be at 2.2%. This...
Read moreDetailsAfrica disappoints on global emerging market expectations
Africa has disappointed the world on its expected emergence as a strong and virile market, according to economic watchers. The...
Read moreDetailsRising dollar debts still a worry for Africa
*Govts advised to embrace local currency liabilities... Despite having a chunk of their dollar denominated debts written off in 2005,...
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